Get started

Wavetheory

Gold- Triangle Scenario Evolving As Ending Diagonal- Wave YNot a trading call Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. ------------------------------------------------------------------------------------------------------------------------------ Note - For Educational purpose only ------------------------------------------------------------------------------------------------------------------------------ Market Commentary Last Idea - Suggested It could be a triangle unfolding - Gold did best holding 50500 levels (approx) with +/- 250 points & attempting 52000 levels. "if gold holded 50500 levels then triangle scenario was still open but breaking below 50500 level- triangle scenario was negated" Later breaking 50500 levels after making high @ 52182 - now it can possibly unfold as an ending diagonal which again suggest that making a new low below 49250 - it can attempt all-time new high or similar high @ 56191 Short Term - Downside Trend - one more fall expected below 49250 holding below 50350 Long Term - Upside Bias & One more high cannot be negated. Once New low is achieved as per short term trend- close to 49000- we can expect new all times or similar high @ 56191
MCX:GOLD1!
by WaveTalks
6
Nifty-10300 to 10550-An Awesome Run Upside- Is It Done & Out ?Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. ------------------------------------------------------------------------------------------------------------------------------ The Last Nifty Idea - Buy Above 10300 for 10550 ------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------- A Question which you need to ask yourself - This Time I am not giving any direction. You need to suggest what you think about Index with your own charts. Pour in your answers with awesome charts. Let us have a constructive talk. ----------------------------------------------------- My TradingView Profile Page ---------------------------------------------------- in.tradingview.com -------------------------------------------------------------------------------------------------------------------- Cheers & Best Wishes
NSE:NIFTY
by WaveTalks
33
Nifty - D-Street or Damaged Street-520 Points Fall-Elliott WavesTrading Strategy Safe Traders Buy above 11585 for Targets 11625/Above 11650 for 11775-11800 / Above 11800 for 11980-12000 / Above 12000 for 12100-12200 Risky Traders Look to buy in 11480-11510 zone with strict stops below 11460 for above mentioned targets as suggested for safe traders. --------------------------------------------------------------------------------------------------------------------------------------------- Last Video Idea --------------------------------------------------------------------------------------------------------------------------------------------- Budget 2019 Idea - H & S Pattern Failure at 11625
NSE:NIFTYEducation
by WaveTalks
31
Nifty 50, Elliot Wave AnalysisHi Guys, Nifty is entering in the very crucial range(10900-11200), and how it going to behave in this consolidation range is going to plot the further trace about it. But as of now, there is a clear wave pattern formation is visible on the charts correction is still pending according to Elliot Wave theory, whether it is for the 10-year long bull run(Target around 8000) or the 2-year long bull run(target around 9200), Market can't be like just go on in simply one direction. So here is the tricky part, as long as most of the people are not convinced that it is still a bull market(nowadays people are much more concern about the market crash) it won't crash. So as long as it doesn't cross 11200, 9200 is still on the table. and from here risk-reward is also much favorable. These are only my thoughts, not financial advice. Though I am certified for that. Will love to hear your thoughts.
NSE:NIFTYShort
by aman12
2